Nuclear energy has been making a comeback recently as one of the low-carbon baseload generation options. This comeback is set to accelerate amid the Middle Eastern crisis and the oil and gas squeeze it is causing. The only problem is that nuclear capacity takes a while to build. “It was a strategic mistake for Europe to turn its back on a reliable, affordable source of low-emission power,” European Commission president Ursula von der Leyen admitted earlier this month at a nuclear energy summit in France. Von der Leyen herself had voted…

The first lease sale in the National Petroleum Reserve-Alaska in seven years became the most successful auction in the area ever, as oil majors bid on hundreds of tracts, signaling they haven’t given up on Alaska’s petroleum resources despite development and court challenges. This week’s oil and gas lease sale for the National Petroleum Reserve in Alaska, one of five mandated in the next decade under the Trump Administration’s One Big Beautiful Bill Act (OBBBA), drew a record high of $163.7 million in high bids and resulted…

Meeting the runaway energy demand of the artificial intelligence boom will require energy buildout and innovation at an unprecedented scale. After decades of plateaued energy growth in the United States, the breakneck expansion of energy-hungry data centers across the nation is pushing the public and private sectors to invest in new energy production and extending the life of existing power plants – and it still won’t be enough.  "There's no way to get there without a breakthrough," Sam Altman, co-founder and CEO of ChatGPT firm…

As multiple large-scale data centres are developed around the globe, Big Tech is investing heavily in a range of energy projects to power its new facilities, from renewable energy to nuclear power. In addition, several tech companies have announced major investments in climate credits, in a bid to offset their carbon emissions. However, many existing carbon credit schemes have been widely criticised for being ineffective, leading many to question whether this is just another case of greenwashing. Both the electricity use and carbon emissions associated…

The dominant narrative over the last two years in global gas markets has been one of impending abundance; everyone was warning of an upcoming LNG tsunami. Market analysts kept pointing to a wave of new LNG supply, mainly driven by expansions in Qatar, the United States, Canada, and parts of Africa. The world was clearly in their mind heading toward a glut by the late 2020s. Commodity markets and analysts, backed up by algorithms and Excel sheets, all predicted that prices would fall, flexibility would increase, and energy security concerns would…

Last year, President Trump killed a major assessment on nature, but now, the scientists involved with the research have published a draft of the report independently. In January 2025, just weeks before a first-of-its-kind nature assessment – the National Nature Assessment – was due to be published, President Trump put the final nail in the coffin by ordering those involved with the report to stop all research and cancel its publication. Over 150 scientists and experts in various fields had already spent thousands of hours conducting…

The stock market spent the first week of the Iran war doing something strange: mostly shrugging. Oil spiked. Insurance markets effectively collapsed. Amazon had two data centers blown up. And the Nasdaq dipped, steadied, and the conversation shifted within days to whether the Fed might still cut in June.  The prevailing read was: disruption, yes. Catastrophe, no. This thing will be over soon. I think that read is wrong.  And wrong in a specific, structural way, not because the war will necessarily escalate further, but because the damage…

Thermal batteries are the hottest new thing in energy storage tech. As energy storage heats up to be “clean energy’s next trillion-dollar business,” the private sector is throwing its full weight behind developing the technology that will unlock scalable long-term energy storage. As of 2022, the energy storage market was valued at nearly $198.8 billion, on track to reach $329.1 billion by 2032, and showing no sign of slowing from there. The race to corner that market is a contentious one, and thermal batteries are rapidly emerging…